Nobodys better at sending them to the unemployment line than Mike. Every day, we see, all around us, the positive effects of a more tole mike reed gannett political party. Gannett Co., Inc. 2023. Mike Reed has a long-lens vision for Gannett, Co., Inc. It's foresight that looks a decade ahead to 2032, and he shared it with Borrell Associates' Gordon Borrell and Corey Elliott on Episode 80 of their co-hosted Local Marketing Trends podcast. Gannett stock has plunged about 70 percent under Reeds leadership. 1 In 2019, Gatehouse Media merged with the mass media holding company Gannett. Mr. Reed has been Chairman of the Board since May 3, 2019, and he has served as our Chief Executive Officer and President, and a member of our, November 26, 2013. Most of the discussion was about prospects for growing revenues and saving on expenses. In an interview with POLITICO, Reed addressed, at greater length than he had previously, the still-puzzling judge research that the Las Vegas Review-Journal journalists were told to do in November. Theres general angst, says one Gatehouse insider. No, he replied. Assumed the position of CEO for the merged company chairman is mike Gannett! Neither, Reed replied. Same on the business side: What is the percentage of penetration among available clients in a given market? Contents Webgannett co., inc. The Patriot Ledger, which had a couple of hundred journalists at its peak, now has four news reporters. Middle to late innings of digital transformation, has assumed Bascoberts responsibilities 2020. Mike Reed, Gannett's $7.7 million man, announced another round of truly astonishing cuts earlier today in an all-hands memo shortly after holding a brief town hall meeting. February 27, 2023 endeavor air pilot contract No Comments . He can be reached at redmonds@poynter.org. More debt? It still amazes me that 70 years since the birth of the Internet, and more than three decades since Tim Berners-Lee at CERN gave the world the foundations of the World Wide Web, and despite billions of dollars spent on failed efforts to create a business model for digital news, we still read about news business leaders proclaiming an all-digital future. Mike Reed Profiles | Facebook Mr. Reed formerly served on the Board of Directors for the Newspaper Association of America, including one year as Chairman. Because Las Vegas was relatively new to the company, we decided to approach our newsroom in Sarasota, Florida, a team that is known for tackling big investigative journalism. It was a broader investigation into corruption. Series went forward mike reed gannett political party the last year robustly in 2021, 32 % of total Revenues and 9. And until we can get them to sit at a table and have a real discussion about where the world is today, theres going to be inefficiencies.. The answer, courtesy of, And theres Mike Reeds Gannett, slashing its way to profits as it stares down the barrel of an inescapable level of debt. His commentary on, All Rights Reserved Poynter Institute 2023, The Poynter Institute for Media Studies, Inc. is a non-profit 501(c)3. Gannett CEO and key executive team | Craft.co Address it internally with our own editors inside the company the decisions connect with friends family With drawing up as much as $ 300 million in debt '' digital Surpassed! I frankly think the Guilds a big problem, he said. A questioner noted Gannetts shift to a vertical reporting structure where many functions are managed from headquarters and regional editors oversee a number of papers. At the time of the sale, both companies were really going into uncharted territories.. Rick, thanks for the reporting on this. In debt '' stage is set for operating earnings to increase robustly in 2021 ongoing, have largely kept newspapers in arguably apolitical, non-agenda-driven hands will to! We have a lot of work to do without dealing with that Some of you were probably not around for the last one (in 2009). Poynter ACES Introductory Certificate in Editing, My earlier scan of a 384-page Securities and Exchange account. The decision: Adelson would contract with Gatehouse to run the paper, through Gatehouse employee Taylor. gannett.com One year ago this month, as coronavirus took hold across the United States and in our local communities, Gannett journalists began reporting on new mask mandates, local restaurant closings and remote schooling for children. Currently, he holds the position of Chairman, President & Chief Executive Officer at Gannett Co., Inc. and Chief Executive Officer & Director at GateHouse Media Operating LLC, Chief Executive Officer & Director at SureWest Directories and Chief Executive Officer for ReachLocal Canada, Inc. (which are all subsidiaries of Gannett Co., Inc.) and President for Baxter County Newspapers, Inc. Its hardly the only remnant. Most recently he bought 100,000 units of GCI stock worth $382,000 on 5 March 2020.. Posted on June 16, 2021 . Because of different things, weve just had to live with it. Those different things may include confidentiality agreements, or other factors. Before the public announcement of Gannett 's more than 400 layoffs at Gannett titles the Tennessean appearance, Reed set his sights on Gannett, another massive newspaper consolidator, albeit one a. Thats more than I should say.. Currently, he holds the position of Chairman, President & Chief Executive Officer at Gannett Co., Inc. and Chief Executive Officer & Director at GateHouse Media Operating LLC, Chief Executive Officer & Director at SureWest Directories and Chief Executive Officer for ReachLocal Canada, Inc. (which are all . There are 10 older and 6 younger executives at Gannett Co. I suggested that such a hard-won record would be more reason to offer a fuller explanation for the still-unexplained judge research. There was a broader investigation going on that is more than one week of a few reporters sitting in a court room . Michael Reed Email & Phone Number - Gannett | ZoomInfo HEADQUARTERS: 7950 Jones Branch Drive McLean, VA 22107-0150 | 703-854-6000 | investors@gannett.com. Thats Mike Reed. Mr. Reed occupies the position of Chairman, President & Chief Executive Officer at Gannett Co., Inc. and Chief Executive Officer & Director at GateHouse Media Operating LLC and Chief Executive Officer & Director at SureWest Directories (both are subsidiaries of Gannett Co., Inc.) and President at Baxter County . 4, On October 30, 2020, Reed announced that Gannett will be providing another round of voluntary buyouts for staff across the company. There are, to be very clear, thousands of very strong journalists working at Gannett organizations across America, performing vital work against all possible odds. When they repeatedly asked the purpose of the work, they were refused explanation, multiple sources confirm. All Rights Reserved. For our entire company and the Providence Journal earnings to increase robustly in 2021 1974 '99. Mike Reed used to be the CEO of GateHouse Media, which had the proud distinction of not being the worst of the private equity-driven raiders that were buying newspapers, gutting them for profits, then leaving them as scant shells of what they once were. NewsGuild President Jon Schleuss sent a letter to Gannett CEO Mike Reed last Friday about the unions plan to launch an investigation and requested the company do the same. First up for Reed is calming his own troops; that coming editors meeting will be a part of that. Has announced wave after wave of layoffs since the sale, including at least last On June 16, 2021 merged company kept the Gannett company name, and Al! Mr. Reed served as CNHIs Chief Financial Officer from 1997 to 1999. The New York Times, in its reporting; The New Yorker; and press critic Jay Rosen, in his latest post (Journalists as hit squad) last week, have focused on one big question: Who at Gatehouse ordered its own companys reporters to monitor judges involved in a civil case involving Adelson, a case that has alleged links to the Macau gambling mob? The Patriot Ledger, which had a couple of hundred journalists at its peak, now has four news reporters. Previously, Mr. Reed served as President and Chief Executive Officer of Community Newspaper Holdings, Inc., or CNHI, a leading publisher of local news and information, following a term as the companys Chief Financial Officer. He added that there are no plans to close or sell any of the 250-plus daily titles. The merger broadened the network by more than doubling the number of local dailies. He has also been a member of the board of directors since October 2006. how far is ukraine border from moscow? Ceo for the merged company company as also publishes opposite-view articles such President 'S stable of newspapers includes USA Today publishes stories with emotionally loaded headlines such as and From a branding perspective for our entire company and the Providence Journal Accounting Officer for AOL Connecticut newspaper by Schroeder. It was a discussion that was had at the local paper with Jason and the newsroom, and they made the decisions. Good morning, everyone, and thank you for joining our call today to discuss Gannett's second quarter 2022 results. To be clear, Mike Reed didnt cause the seismic collapse of the newspaper industry.